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RPM International
RPM International

Industry & manufacturing / Specialty coatings, sealants and building materials

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Overview
RPM International Inc. is a global leader in the specialty coatings and sealants industry. Headquartered in Medina, Ohio, RPM has approximately 15,000 employees and operates 170 manufacturing facilities in 26 countries. The company’s core business is focused on serving industrial, specialty and consumer markets through its three segments: the Industrial segment, which includes businesses that manufacture and market industrial coatings, roofing systems, and construction chemicals; the Specialty segment, which includes businesses that manufacture and market specialty coatings, sealants, and building maintenance products; and the Consumer segment, which includes businesses that manufacture and market consumer paints, caulks, adhesives, and other home improvement products.
RPM was founded in 1947 by Frank C. Sullivan, a chemist and businessman, and began as a small producer of corrosion control coatings. Over the years, the company has grown through a combination of organic growth and strategic acquisitions. Today, RPM’s products are used in a wide range of applications, including industrial, commercial, and residential construction, as well as automotive, marine, and aerospace industries.
RPM is committed to sustainability and has a strong environmental health and safety program in place. The company is also actively involved in supporting local communities through various philanthropic initiatives.
RPM’s success is attributed to its diverse portfolio of high-quality products, its global reach, and its strong customer relationships. The company continues to focus on innovation and strategic partnerships to drive future growth and success.
What is special about the company?
1. Global Presence: RPM International operates in over 170 countries worldwide, making it a truly global company.
2. Diversified Product Portfolio: The company has a diverse range of products across various industries such as construction, industrial, consumer, and marine sectors.
3. Strong Brands: RPM International has a portfolio of strong and well-known brands including Rust-Oleum, DAP, Zinsser, and Stonhard, among others.
4. Innovation and Technology: The company invests heavily in research and development to bring new, innovative products to the market.
5. Strong Financial Performance: RPM International has a track record of consistent growth and strong financial performance, demonstrating its stability and strength as a company.
6. Commitment to Sustainability: The company has a strong commitment to sustainability and reducing its environmental impact through initiatives such as energy efficiency, waste reduction, and sustainable packaging.
7. Acquisitions and Strategic Partnerships: RPM International has a history of successful acquisitions and strategic partnerships to expand its product portfolio and global reach.
8. Strong Corporate Culture: The company emphasizes its core values of transparency, integrity, and respect, creating a positive and inclusive corporate culture.
9. Community Involvement: RPM International is actively involved in supporting and giving back to the communities where it operates through various initiatives and partnerships.
10. Consistent Dividend Payout: The company has a track record of consistently paying dividends to its shareholders, making it an attractive investment option.
What the company's business model?
The RPM International company is a multinational holding company that owns and operates several leading brands in the specialty coatings, sealants, building materials, and related services market. The company's business model is focused on providing high-quality, innovative products and solutions to its customers in various industries, including construction, industrial, automotive, marine, and consumer markets.
The company's business strategy is built on four key pillars: strong brands, global reach, operational excellence, and financial discipline. RPM International invests in building and acquiring strong brands that have a track record of providing high-performance products and generating loyal customers.
The company has a global presence, with operations in more than 170 countries, which allows it to serve a diverse customer base and tap into new markets. This global reach also enables RPM International to mitigate risks associated with regional economic downturns.
RPM International also prides itself on operational excellence, utilizing cutting-edge technology and implementing efficient processes to improve productivity and reduce costs. The company's focus on financial discipline includes a balanced approach to debt management, maintaining profitability, and investing in future growth opportunities.
Overall, RPM International's business model is centered on brand strength, global reach, operational efficiency, and strong financial management, enabling the company to deliver consistent growth and value to its stakeholders.
Interesting facts about the company
1. RPM International Inc. is a multinational holding company that owns and operates a number of specialty chemical and building material manufacturing companies.
2. The company was founded in 1947 by Frank C. Sullivan, who served as the company’s CEO until 2002.
3. The company’s name, RPM, stands for Republic Powdered Metals, which was the original name of its first subsidiary.
4. RPM is headquartered in Medina, Ohio and has operations in more than 150 countries worldwide.
5. The company’s products are used in a variety of industries including construction, consumer, industrial, and specialty markets.
6. RPM has approximately 15,000 employees and reported annual sales of $5.3 billion in 2020.
7. The company has been consistently ranked among the top specialty chemical companies in the world.
8. RPM’s subsidiaries include well-known brands such as Rust-Oleum, DAP, Bondo, Zinsser, and Varathane.
9. In addition to its products, RPM is known for its commitment to sustainability and has implemented various initiatives to reduce its environmental footprint.
10. Despite its global presence, RPM remains a family-owned business with several generations of the Sullivan family still involved in the company’s leadership.
11. RPM has been recognized for its philanthropy and charitable efforts, including its support for the United Way and various local community organizations.
12. In 2009, RPM acquired a majority stake in a Chinese coatings company, marking its entry into the Asian market.
13. The company has received several industry awards and accolades, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute.
14. In 2020, RPM announced a $30 million investment in its research and development facilities, showcasing its commitment to innovation and product development.
15. The company’s stock is traded on the New York Stock Exchange under the ticker symbol RPM.
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